A seller's supply curve shows the seller's:

A. opportunity cost of producing an additional unit of output at each quantity.
B. profit from producing an additional unit of output at each quantity.
C. hourly wage for producing an additional unit of output at each quantity.
D. willingness to pay for an additional unit of output at each quantity.

Answer: A

Economics

You might also like to view...

Although most large firms in the United States offer their employees health insurance, fewer than two-thirds accept it

Indicate whether the statement is true or false

Economics

The sum of payments made to resource owners for the use of their resources is:

a. gross domestic product. b. net domestic product. c. national income. d. personal income. e. disposable personal income.

Economics